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Boston Scientific Q1 sales top expectations on ‘healthy’ market demand

April 26, 2023

Boston Scientific reported first-quarter sales that exceeded the company’s forecast, saying it gained market share across its businesses as demand for procedures using its medical devices rebounded from a year ago.

The company raised its full-year sales and profit forecasts, based on its first-quarter performance.

“We believe that all business units grew faster than their respective markets, with differentiated portfolios and a strong commercial execution supported by healthy procedural demand,” CEO Mike Mahoney told analysts Wednesday on the company’s conference call.

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